The funding will be drawn from the Climate Action Fund.
The government has approved a €108m fund for Bord Na Mona bog rehabilitation projects in the midlands.
It's expected the cash injection will help sustain 350 jobs in various projects throughout the region.
The funding will be drawn from the Climate Action Fund and will be boosted by an €18m cash injection from Bord Na Mona themselves.
Minister for Climate Action and the Environment Eamon Ryan says it's a significant day for the just transition policy:
Bord Na Mona CEO Tom Donnellan says there's a lot of work involved in the project.
Primary School Counselling Pilot Delivers Significant Benefits
Hosepipe Ban Decision Still Pending As Heatwave Continues
Garda Commissioner Says Daniel Kinahan Extradition Operation Was "Very Successful"
HSE Recommends Against State Funding For Friedreich’s Ataxia Drug
Offaly Hurling Legend Padraig Horan Dies At 76
Sinn Féin Calls For Action As Driving Test Backlog Grows
Roadworks To Cause Delays On Offaly Roads Next Week
Free Heart Health Checks In Laois Today